CMA Comerica PE ratio, current and historical analysis
The PE ratio for Comerica stock stands at 15.18 as of Dec 20, 2024. This results from the current EPS of $4.03 and stock price of $61.16. An increase of 33% has been seen in the P/E ratio compared to the average of 11.4 of the last 4 quarters.
CMA PE ratio history
Over the last ten years, the average PE ratio of Comerica has been 12.49. The current 15.18 PE ratio is 22% above the historical average. Over the past ten years, CMA's PE ratio was at its highest in the Dec 2016 quarter at 24.86, with a price of $68.11 and an EPS of $2.74. The Jun 2023 quarter recorded the bottom point at 4.39, with a price of $42.36 and an EPS of $9.66.
Comerica PE ratio by year
Maximum annual increase: 80.09% in 2020
Maximum annual decrease: -54.19% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.63 | 10.5% |
| 2022 | 7.81 | -24.17% |
| 2021 | 10.3 | -36.38% |
| 2020 | 16.19 | 80.09% |
| 2019 | 8.99 | -4.36% |
| 2018 | 9.4 | -54.19% |
| 2017 | 20.52 | -17.46% |
| 2016 | 24.86 | 74.09% |
| 2015 | 14.28 | 0% |
| 2014 | 14.28 | -12.29% |
CMA average PE ratio chart
CMA's current P/E ratio is above the 3, 5 and 10-year historical averages.
CMA PE vs peers
CMA's PE ratio is lower than its peer stocks BAC and PNC, but it is greater than JPM's and WFC's. Comerica's current PE ratio of 15.18 is comparable to the average of its peer group, which is 14.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ONB Old National Bancorp | 12.95 | $6.86B |
| JPM Jpmorgan Chase & Co | 13.19 | $668.92B |
| RF Regions Financial Corp | 13.43 | $21.6B |
| WFC Wells Fargo & Company | 14.41 | $234.2B |
| CMA Comerica Inc | 15.18 | $8.04B |
| HBAN Huntington Bancshares Inc | 15.69 | $23.71B |
| BAC Bank Of America Corp | 15.89 | $338.91B |
| WSBC Wesbanco Inc | 15.94 | $2.23B |
| PNC Pnc Financial Services Group Inc | 16.28 | $76.48B |
| CFR Cullen/Frost Bankers Inc | 16.49 | $8.52B |
| KEY Keycorp | 1,709 | $16.94B |
Frequently asked questions
What is Comerica's PE ratio?
As of Dec 20, 2024, CMA stock has a price to earnings ratio of 15.18.
What is the 3-year average PE ratio for Comerica (CMA)?
As an average over the last 3 years, CMA stock has a PE ratio of 9.12.
What is the 5-year average PE ratio for Comerica (CMA)?
As an average over the last 5 years, CMA stock has a PE ratio of 9.45.
What is the highest PE ratio for CMA?
Over the last ten years, the quarterly PE ratio reached a historic high of 24.86 in the Dec 2016 quarter.
How does the current PE ratio for CMA compare to its historical average?
CMA's price to earnings ratio is currently 22% above its 10-year historical average.
How is CMA's PE ratio calculated (Comerica PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), Comerica's stock price is $61.16. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.03. Therefore, Comerica's P/E ratio for today is 15.18. PE RATIO(15.18) = STOCK PRICE($61.16) / TTM EPS($4.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.